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Loris budget presentation lays out department allocations, revenue sources for FY2026-27
Summary
The FY2026-27 General Fund proposal totals $4,696,000 with department allocations including Administration ($911,150), Police (~$1,586,700), Streets & Sanitation ($1,045,910) and Recreation ($410,400). Revenue sources cited include property taxes, business licenses, franchise fees and state aid.
Mayor Michael E. Suggs presented department-level allocations in the proposed FY2026-27 General Fund during the June 29 public hearing. The General Fund total is $4,696,000, composed of department budgets such as Mayor and Council ($33,295), Administration ($911,150), Police (approximately $1,586,700), Fire ($441,900), Streets & Sanitation ($1,045,910), and Recreation ($410,400).
The presentation listed the primary revenue sources to support these expenditures: real estate and personal property taxes, business licenses, franchise fees, state local government aid, sanitation and tipping fees, fines and court fees, impact fees, permits and recreation revenues. For the Water & Sewer Fund (total $2,070,300) and the Hospitality Fund ($450,000), the administration described allowable expenditures and revenue bases such as base water charges, connection and impact fees, and hospitality advertising and promotion.
